you agree to pay for all the needs, and have them agree to pay for their wants. next, do the same thing with their clothing budget. their list should be specific, detailing how many of each item they think they'll need. you may be surprised at the total cost and, hopefully, they will be as well. after getting the totals, you decide the final amounts and prices. if they think that they need five pair of designer jeans at $150 a pair, you get to say, "no, i'll pay for the $35 pair." this approach will not be an easy one, but it is well worth it. your children can now start to understand the dynamics of planning and, most importantly, budgeting. i'm neale godfrey. >> susie: finally, we asked our facebook friends if they'd be more likely to buy apple shares or bank of america. here's some of the online conversation. jonathan says he would follow buffett and wrote: "technology can turn quickly. remember how motorola was the king of cell phones? buffett likes bets where you just have to sit back and wait. very few have more patience then buffett." diane says, "near-term, b-of-c is the best buy. still, she likes apple for the long term."